Question 1

People who own, operate, and take risk of a business venture is known as ____________.

Accepted Answer

A)  Aptitude
B)  Employee
C)  Entrepreneurs
D)  Intrapreneur C

Question 2

Refusal to adopt and use opportunities to make changes in production entrepreneurs.

Accepted Answer

A)  Fabian
B)  Imitative
C)  Innovative
D)  Drone D

Question 3

Which one of the following is not an Intrapreneurial leadership characteristic?

Accepted Answer

A)  Encourage the team work
B)  Not flexible
C)  Understands environment
D)  Persistent B

Question 4

_____Identified innovation as a characteristic of entrepreneur for the first time in 1934.

Accepted Answer

A)  William Diamond
B)  A.H.Cole
C)  W.B.Gartner
D)  J.A.Schuumpeter

Question 5

The entrepreneur must possess the abilities of ____________.

Accepted Answer

A)  Conceptualization
B)  Creative
C)  Understanding environment
D)  All of the above

Question 6

Who said the term "Successful innovators are not risk takers"?

Accepted Answer

A)  Adam Smith
B)  J.B.Say
C)  Drucker
D)  Alfred Marshall

Question 7

Which of the following factor does not affect a person for being an entrepreneur?

Accepted Answer

A)  Education
B)  Gender
C)  Personal values
D)  Family background

Question 8

To manage these projects successfully the country will need thousands of _____________.

Accepted Answer

A)  Research and development personnels.
B)  Financial investors.
C)  Efficient project Managers.
D)  Skilled workers.

Question 9

Which of the following is not a characteristic of an entrepreneur?

Accepted Answer

A)  Need for independence
B)  Need for affiliation
C)  Need for achievement
D)  Risk taking

Question 10

In small scale sector ______________ are dominant.

Accepted Answer

A)  Institutional entrepreneurs
B)  Entrepreneurs by inheritance
C)  Technologist entrepreneurs
D)  Forced entrepreneurs

Question 11

A short-term, internal source of funds can be obtained by reducing all of the following except_____________.

Accepted Answer

A)  Short-term assets
B)  Fixed assets
C)  cash
D)  Inventory

Question 12

What type of entrepreneurial business actually produces the products they sell?

Accepted Answer

A)  Manufacturing
B)  Wholesaling
C)  Retailing
D)  Consumer

Question 13

The term Entrepreneur is derived from the word

Accepted Answer

A)  English
B)  Tamil
C)  Hindi
D)  French

Question 14

The term intrapreneur is coined in ________________.

Accepted Answer

A)  America
B)  Andaman
C)  Australia
D)  Antartica

Question 15

Which one among the following is considered as one of the important economic factor which determine entrepreneurial growth?

Accepted Answer

A)  Government
B)  Politics
C)  Market
D)  Private

Question 16

.______________ type of entrepreneurs are very cautious and skeptical while practising any change.

Accepted Answer

A)  Innovative
B)  Imitative
C)  Fabian
D)  Drone

Question 17

An entrepreneur doing business within the national border is called __________.

Accepted Answer

A)  International entrepreneurship
B)  Intrapreneurship
C)  Domestic entrepreneur
D)  Imports

Question 18

The term intrapreneurship is coined in late ________.

Accepted Answer

A)  Fifties
B)  Sixties
C)  Seventies
D)  Eighties

Question 19

The difference in the entrepreneurial and managerial domains has contributed towards an increase in interest is ___________.

Accepted Answer

A)  Forming new firms.
B)  Partnership.
C)  Intrapreneurship.
D)  Private firms.

Question 20

.________________ type of entrepreneurs are particularly important for underdeveloped countries because they contribute significantly to the development of such nations.

Accepted Answer

A)  Innovative
B)  Adoptive
C)  Fabian
D)  Drone

Exam 1: Entrepreneurship and Intrapreneurship: Exploring Characteristics and Factors